Mitchell Drilling

Exploration

Our nation and our world have relied too long on the finite reserves of oil and coal.
Even more discouraging is the waste of methane as a by-product from the process of mining coal.

Department of Energy incentives and new technologies for capturing, processing, and utilizing coal mine and coal bed methane are contributing to the practical reality of harnessing this captive source of energy. Mitchell Drilling became a part of this exciting new energy enterprise in the Illinois Basin by participating in Illinois Methane, LLC. Spearheaded by George DeMier of DeMier Oil in Mt. Vernon, Illinois and Tulsa, Oklahoma, this visionary venture was co-managed with Gail Runnels, a Tulsa attorney and George N. Mitchell Drilling president, Chris Mitchell.

Mitchell emphasizes that, "Not only are we finding new ways to capture methane and convert it to useful energy, we are also reducing its environmental threat."

In December of 2004, Illinois Methane, LLC sold its coal mine methane plant to DTE Methane Resources (DTEMR). DTEMR is a niche operator in abandoned coal mine methane recovery with a unique blend of competencies. Research and development continues with Illinois Methane, LLC with over 100 thousand acres of coalbed methane rights. Additional information on this venture is available by contacting Chris Mitchell at 618-382-2343 or at nrgy@mitchell-drilling.com.

Mitchell Drilling

Sharing the Risk

The relative price stability in our industry is providing unparalleled opportunities for investing in oil and gas assets. At Mitchell Drilling, we understand the risks inherent in exploration. To assist in the growth of our clients and to expand our revenue and production base, we will consider exploration proposals meeting our criteria for risk-tolerance from experienced producers. To discuss a venture, contact Chris Mitchell or Ron Wooten at 618-382-2343.

Chris Mitchell
President

 

Exploration